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The Rwandan private sector is set to receive a $150 million stimulus package from the government aimed at fast-tracking economic recovery in the East African country.
Winners of the fund include a variety of cooking energy innovations, including improved cooking stoves production, stove testing, briquettes and pellets production, as well as marketing and distribution of the products; and are varied in geographical locations of operations across the country.
African Development Bank (AfDB) has approved two loans to co-finance a major energy project that will extend electricity access to rural Rwanda. In total, the loans, which amount to $180 million (Rwf184 million), are expected to reduce greenhouse gas emissions and accelerate the country’s efforts to achieve universal electricity coverage by 2024.

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